Start-Up Costs and Fees |
||
| Ricky's | Indigo Joe's | |
| Investment | 800000 - 950000 | 1200000 - 1300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 3% | 1.50% |
| Year Founded | 1960 | 1994 |
| Year Franchised | 1978 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ricky's | Indigo Joe's | |
| Experience | ||
Financing Options |
||
| Ricky's | Indigo Joe's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ricky's | Indigo Joe's | |
| Training | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. | |
| Support | Indigo Joe's provides on-going operational support through their field service representatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Ricky's | Indigo Joe's | |
| US Expansion | ||
| Canada Expansion | Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Saskatchewan | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ricky's | |
| Indigo Joe's | |
| Franchise Fee | |
| Ricky's | |
| Indigo Joe's | |
| Royalty Fee | |
| Ricky's | 4.50% |
| Indigo Joe's | 5% |
| Advertising Fee | |
| Ricky's | 3% |
| Indigo Joe's | 1.50% |
| Year Founded | |
| Ricky's | 1960 |
| Indigo Joe's | 1994 |
| Year Franchised | |
| Ricky's | 1978 |
| Indigo Joe's | 2002 |
| Term Of Agreement | |
| Ricky's | |
| Indigo Joe's | 10 years +10 |
| Renewal Fee | |
| Ricky's | |
| Indigo Joe's | $10K |
Business Experience Requirements |
|
| Experience | |
| Ricky's | |
| Indigo Joe's | |
Financing Options |
|
| Franchise Fees | |
| Ricky's | |
| Indigo Joe's | |
| Start-up Costs | |
| Ricky's | |
| Indigo Joe's | |
| Equipment | |
| Ricky's} | |
| Indigo Joe's | |
| Inventory | |
| Ricky's | |
| Indigo Joe's | |
| Receivables | |
| Ricky's | |
| Indigo Joe's | |
| Payroll | |
| Ricky's | |
| Indigo Joe's | |
Training & Support |
|
| Training | |
| Ricky's | |
| Indigo Joe's | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. |
| Support | |
| Ricky's | |
| Indigo Joe's | Indigo Joe's provides on-going operational support through their field service representatives |
| Marketing | |
| Ricky's | |
| Indigo Joe's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Ricky's | |
| Indigo Joe's | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Ricky's | |
| Indigo Joe's | |
| Canada Expansion | |
| Ricky's | Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Saskatchewan |
| Indigo Joe's | |
| International Expansion | |
| Ricky's | |
| Indigo Joe's | |